No future for jobs in the info-tech sector


The IT sector, country’s largest private sector employer with a total headcount of 3.7 million, may not offer as many jobs in the years to come.

Business growth has been teetering. From 13.9 per cent in 2013-14, IT export growth has dropped to 10.2 per cent in 2015-16 and is estimated to fall further to 8-10 per cent in 2016-17. Also, new-age technologies, including automation and artificial intelligence, are trimming manpower requirement. In the past five years, while IT exports have grown at an average 13.7 per cent annually, the headcount growth has been only 8 per cent.

In a report in June, HFS Research said that by 2021 India could lose 6.4 lakh low-skilled positions in IT services and the BPO industry because of the automation of support and back-office processing work. Taking into account the new mediu...Read More

Source Web Page : The Hindu - Business Line


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